Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.25.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Revenue $ 86,447 $ 97,711
Cost of operations 55,212 64,397
Gross profit 31,235 33,314
General and administrative expenses 27,750 31,858
Income from operations 3,485 1,456
Other income (expense):    
Interest expense and amortization of deferred financing costs (6,215) (6,523)
Loss on extinguishment of debt (1,392) 0
Interest income 413 60
Change in fair value of warrant liabilities 0 130
Other income, net 34 40
Total other expense (7,160) (6,293)
Loss before income taxes (3,675) (4,837)
Income tax benefit (1,036) (1,011)
Net loss (2,639) (3,826)
Less accretion of liquidation preference on preferred stock (440) (440)
Loss available to common shareholders $ (3,079) $ (4,266)
Weighted average common shares outstanding (Note 15)    
Basic (in shares) 53,045 53,315
Diluted (in shares) 53,045 53,315
Net loss per common share (Note 15)    
Basic (in dollars per share) $ (0.06) $ (0.08)
Diluted (in dollars per share) $ (0.06) $ (0.08)